Category: General Services
First Capital Treasuries strengthens Board with experienced capital markets and treasury expertise
First Capital Treasuries PLC, a subsidiary of First Capital Holdings PLC and JXG (Janashakthi Group), has strengthened its Board with the appointment of Channa de Silva as Chairman. The Board’s capabilities have also been further enhanced with the appointments of Dudeepa Ratwatte and Niran Mahawatte as Independent Non-Executive Directors. The appointments bring extensive experience across […]
New ‘Ayubo’ Lottery Will Only Make the Poor Fund Free Healthcare: Advocata Institute
The government’s new ‘Ayubo’ daily lottery will result in lower-income citizens footing the bill for a universal free healthcare system accessible to all wealth brackets, the Advocata Institute warned. The warning follows the launch of the lottery last week by the National Health Development Fund (NHDF), the Ministry of Health and Mass Media, and the National Lotteries […]
MullenLowe Group Sri Lanka Becomes BBDO Sri Lanka
MullenLowe Group Sri Lanka has transitioned to BBDO Sri Lanka following Omnicom’s global integration, marking the next chapter for an agency built on strong creative thinking, strategic depth and measurable business impact. Its people, partnerships, capabilities and market understanding will carry forward into BBDO, connecting an established Sri Lankan operation with one of the world’s […]
EDB, IFC & European Union Launch Third ExpoScaleUp Cohort to Boost Sri Lanka’s SME Export Competitiveness
The Sri Lanka Export Development Board (EDB), in partnership with the International Finance Corporation (IFC) and with the support of the European Union (EU) under the “Accelerating Climate Smart and Inclusive Infrastructure in South Asia (ACSIIS)” programme, has launched the third cohort of ExpoScaleUp, a flagship program tp designed to help Sri Lankan SMEs compete […]
Ceylon Chamber Welcomes Reduction in US Labour-Related Tariff
The Ceylon Chamber of Commerce welcomes the positive development in the reduction of the labour-related tariff imposed on Sri Lankan exports to the United States, from 12.5% to 10%, following sustained engagement between Sri Lankan authorities and their counterparts in the United States. This outcome is an encouraging step forward for Sri Lanka’s export sector […]
From cane field to finished product: The value chain powering Gal Oya
In the fields around Ampara, sugarcane begins as a rural crop. By the time it has moved through theGal Oya Plantations complex, however, it has become far more than sugar. The cane juice is processed for the domestic market. The fibre helps generate steam and electricity. Molasses is converted into Extra Neutral Alcohol. Fermentation creates […]
The Ceylon Chamber of Commerce Launches Scale Up 2.0 to Support Sri Lanka’s SME Ecosystem
The Ceylon Chamber of Commerce has officially launched Scale Up 2.0, its flagship National SME Forum for 2026, which will take place on 11th August 2026 at the Taj Samudra, Colombo, under the theme “Connected, Competitive, Ready to Grow.” As SMEs continue to face challenges in accessing markets, securing finance, meeting evolving business requirements and […]
EDB and Import Promotion Desk (IPD), Germany Sign MoU to Strengthen Export Cooperation for Sri Lankan Exporters
The Sri Lanka Export Development Board (EDB) and the Import Promotion Desk (IPD), Germany, signed a Memorandum of Understanding (MoU), reaffirming their long-standing partnership to strengthen export development and enhance market access for Sri Lankan Export Oriented SMEs. The MoU was signed in the presence of Dr. Julia Bellinghausen, Head of IPD, together with Mr. […]
EDB Convenes Special Meeting with Industry Stakeholders to Address Challenges Faced by Coconut Coir and Fibre Product Exporters
The Export Development Board (EDB) recently convened a special meeting with key industry stakeholders to discuss the growing challenges confronting Sri Lanka’s coconut fiber export sector particularly the shortage of raw material that is disrupting production processes and driving up costs for manufacturers and exporters. Sri Lanka’s coconut coir and fiber-based product exports delivered a […]
EDB and NMRA Unite to Drive Sri Lanka’s Pharmaceutical Export Growth
A special discussion was recently held in Colombo to address barriers hindering Sri Lanka’s pharmaceutical export sector and to realize its full potential. The meeting brought together the Export Development Board (EDB), the National Medicines Regulatory Authority (NMRA), and the country’s leading pharmaceutical manufacturers for a focused exchange on the way forward. EDB Chairman and […]
EDB Moves to Expand Islandwide Testing and Certification Facilities to Boost Export Competitiveness
The Sri Lanka Export Development Board (EDB) has taken steps to implement a comprehensive plan to expand testing and certification facilities across the island, addressing one of the most significant bottlenecks faced by the country’s export sector. A high-level stakeholder discussion was recently held in Colombo with the participation of government institutions, testing laboratories, certification […]
Ceylon Chamber Applauds IMF Review Approval, Urges Fuel QR Optimization & Clear Economic Policy Signals
The Ceylon Chamber of Commerce has commended the Government of Sri Lanka on the successful completion and approval of the 5th and 6th reviews under the IMF’s Extended Fund Facility, unlocking around USD 695 million in financing support. The Chamber emphasized that this milestone strengthens confidence in Sri Lanka’s economic recovery amid global uncertainty and […]